Hearst Adds To Healthcare Portfolio With Deal To Purchase QGenda

Hearst, one of the largest media companies in the U.S., has expanded its reach into the healthcare business by signing a deal to acquire QGenda LLC from investment firms Francisco Partners and ICONIQ Growth.

Terms of the transaction, which is expected to close later this year, were not disclosed.  

QGenda, which will be part of Hearst Health, provides workplace management solutions to more than 4,500 physician groups, hospitals, academic medical centers, health systems and other organizations.  

CEO Greg Benoit will continue to lead QGenda within Hearst.  

“We welcome Greg and his fabulous team to Hearst and look forward to working together to make our healthcare system more effective and efficient for patients around the country,” says Steven R. Swartz, president and CEO of Hearst.

Benoit comments, “Joining the Hearst Health group of companies is aligned with our mission to ensure that every patient has the right healthcare provider when and where care is needed.”

 

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